Hotel MyStays Kamata
- Property Details
Property Details [ – ]
|Number of Guest rooms||116|
|Car park facilities||6 car park lots|
|Land area||497 sq m|
|Vendor||AKH GK, an indirect wholly-owned subsidiary of Real Estate Capital Asia Partners III L.P.|
|Purchase price at 19 December 2014||¥2.60 billion|
|Valuation (1) as at 31 December 2016||¥2.74 billion|
Hotel Management Agreement Details [ – ]
|Operator||MyStays Hotel Management Co., Ltd.|
|Term of Hotel Management Agreement||Expires on 18 July 2019 (automatically renewed for 3-year term unless notice of termination given by either party)|
- (1)The Japan Hotels were valued by Cushman & Wakefield K.K. using a combination of the Capitalisation and Discounted Cash Flow approaches.
- (2)As the Japan Hotels were acquired on 19 December 2014, contribution from the hotels for FY 2015 includes the last 13 days of 2014.
- (3)Based on the average exchange rate of S$1.00 = ¥88.50.
5-46-5 Kamata, Ota-Ku, Tokyo
497 sq m
Hotel MyStays Kamata is a business (economy) hotel, located near to Keikyu-Kamata Station which is only a 10-minute train ride from Haneda Airport. It is within 4 minutes to JR Kamata Station and Tokyu Kamata Station where there are convenient access to major core cities such as Shinagawa, Kawasaki, Yokohama and Shibuya. The hotel's cosy rooms with refined interiors offer a comfortable environment for guests who are travelling alone or otherwise. The hotel also has 25 rooms equipped with kitchenettes, suitable for long-stay guests.
Notable accolades include:
- TripAdvisor Certificate of Excellence (2014 - 2015)
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